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Transferability (economics) Transferability refers to the costs involved in moving goods from one place to another. [1] These include the costs of transportation, the costs of making the goods compliant with the regulations of the shipping destination, and the costs associated with tariffs or duties.
In economics, goods are items that satisfy human wants [1] and provide utility, for example, to a consumer making a purchase of a satisfying product. A common distinction is made between goods which are transferable, and services, which are not transferable. [2]
Transferable utility. Transferable utility is a concept in cooperative game theory and in economics. Utility is transferable if one player can losslessly transfer part of its utility to another player. Such transfers are possible if the players have a common currency that is valued equally by all. Note that being able to transfer cash payoffs ...
Transfer payment. In macroeconomics and finance, a transfer payment (also called a government transfer or simply fiscal transfer) is a redistribution of income and wealth by means of the government making a payment, without goods or services being received in return (in contrast to Financial transaction). These payments are considered to be non ...
v. t. e. The subjective theory of value (STV) is an economic theory for explaining how the value of goods and services are not only set but also how they can fluctuate over time. The contrasting system is typically known as the labor theory of value. STV's development helped to better understand human action and decision making in economics.
Transferability may refer to: Transferability (chemistry), an assumption in chemistry regarding atoms. Transferability (economics), the costs of moving goods from one place to another.
Production–possibility frontier. In microeconomics, a production–possibility frontier (PPF), production possibility curve (PPC), or production possibility boundary (PPB) is a graphical representation showing all the possible options of output for two goods that can be produced using all factors of production, where the given resources are ...
Cash transfer. A cash transfer is a direct transfer payment of money to an eligible person. [1] Cash transfers are either unconditional cash transfers or conditional cash transfers. They may be provided by organisations funded by private donors, or a local or regional government. [2]